2018 Spring Chazen Study Tour

KOREA:RISE OF CHAEBOLMARCH 11-18, 2018

: a Korean term for a family-controlled business conglomerate

After the Korean war, the government made intentional decision to select and nurture a small number of business groups to lead economic growth. Through government support and the charismatic leadership of

founders, Chaebol served critical role in rapid economic growth of Korea. However, Chaebol is being scrutinized as source of income disparity, lack of innovation, and corruption these days.

Through this trip, we want to help CBS students learn about the history, current status, transformation efforts, and social contributions of Chaebol –

and through that, help students understand the unique characteristics of Korea’s business eco-system

Engine behind economic growth: Chaebol

Delve into Seoul & the heart of Chaebol

…and Culture and Nightlife!

…and KOREAN FOOD

yum!

Pretty much exactly like this

…but for 8 days, not 2 minutes!

Itinerary (Tentative) Day 1 (Sun, Mar 11)

Arrive in Seoul

Casual cultural tour (optional)

Day 2 (Mon, Mar 12)

Hyundai Marine & Fire Insurance

Hyundai Card & Capital

Korean style business dinner

Day 3 (Tues, Mar 13)

Lotte visit

Samsung Global Strategy Group

Alumni night reception

Day 4 (Wed, Mar 14)

Cultural visits

Gyongbok-gung Palace, Leeum Museum

ChiMac (Chicken&Beer) along the Han River

Day 5 (Thurs, Mar 15)

Hanhwa Dream Plus

CJ Headquarters

Welcome party at Hyundai Music Library

Day 6 (Fri, Mar 16)

Seoul City Government

SK Social Responsibility Committee

HeyGround

Day 7 (Sat, Mar 17)

DMZ/JSA tour or other excursion

Free time to explore smaller neighborhoods

Clubbing night at Octagon

Day 8 (Sun, Mar 18)

Say goodbye to Seoul!

Who’s Who In Chaebol? We’ll Meet Them

*Subject to change based on executives’ schedules

Ted ChungVice Chairman of Hyundai

Motor GroupCEO of Hyundai Card, Capital

Kate Kyeonghwoo KimVP of Marketing, CJDongwon Kim

VP of Strategy, Hanhwa

Which Industry, You Ask? All of Them*

*Basically

Details, details, details Total Estimated Cost: $800-1000. What is included?:

Ground transportation

Hotel (sponsored)

Some cultural activities

Most meals

Excludes international airfare (~$1400-1600)

Group of 30 students (including organizers + 2 ‘19 J-termers) Full-time CBS students only (no significant others)

Students with holds on their accounts are unable to participate

Please do not try to shadow this study tour

All company visits are mandatory

Bidding dates: https://chazentours.gsb.columbia.edu Thursday, November 2, 2 p.m. – Monday, November 13, 4 p.m.

Final results will be released on noon Tuesday, November 14. Successful bidders will be asked to pay a non-refundable deposit within 48 hours to secure their spot. Unsuccessful bidders will be placed on a waitlist based on points bid.

If you have any questions, please contact Joe Maier: jmaier19@gsb.Columbia.edu

The Team

Hyun Soo Lim ’19 Joe Maier ’19 Kaitlin Butler ’19 Kyungsun Chung ’19 Brandon Kong ’19

Questions?